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Royal Helium is a production, infrastructure, and exploration company with a primary focus on the development of helium and associated gases. The Company is currently producing purified helium at its Steveville Helium facility in Alberta and it's extensive footprint includes prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Given the current and foreseeable global undersupplied nature of this critical and non-renewable product, Royal is well positioned to be a leading North American producer of this increasingly high value commodity.
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Solid news from one of my top helium picks - $RHC.v $RHCCF announced the completion of a seismic program at the Val Mari project in Saskatchewan (13,000 hectares).
Program consisted of 35km and identified a series of large structural features that $RHC has used to select its initial drill target and identify five additional high priority targets.
Initial well at Val Mari is scheduled to spud July 10th, will be keeping my eye out for updates.
https://www.newswire.ca/news-releases/royal-helium-ltd-identifies-six-high-priority-targets-from-final-seismic-results-at-val-marie-drilling-to-commence-july-10-830257168.html
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Spiro Kletas, VP Investor Relations 306-500-9397 spiro@royalheliumltd.com